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Dec 24, 2012
12/12
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i think he's also right on boehner. boehner has been under tremendous personal pressure to cut a deal, and when the new congress sits on january 4th, i'm coming to you from virginia right now, and cantor is indeed the next up and he has a lean and hungry look. dennis: a lean and hungry look. if markets don't rally against expectations for the last week of december and into early january, does that mean that the markets are going to be in trouble, or would you basically say well, then buy in because eventually it is going to rally the way it usually does in the last week of december? >> well, the old stock market saw is if santa fails to call, the bears will roam on broad and wall. that also has a pretty high statistical probability. i'm not so sure it plays that way this time because of all the cross currents, because of the fiscal cliff, and i do think that the legislators will get together in the last hour or the first part february -- excuse me, first part of january and try and come to some kind of an agreement. tha
i think he's also right on boehner. boehner has been under tremendous personal pressure to cut a deal, and when the new congress sits on january 4th, i'm coming to you from virginia right now, and cantor is indeed the next up and he has a lean and hungry look. dennis: a lean and hungry look. if markets don't rally against expectations for the last week of december and into early january, does that mean that the markets are going to be in trouble, or would you basically say well, then buy in...
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Dec 6, 2012
12/12
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. >> well we've heard from just about everybody in town except for speaker boehner. scott it feels like we're getting some deal making behind the scenes and i'll tell you why it feels that way. we were told that yesterday speaker boehner and president obama held a phone call, it was said to be about 20, 28 minutes in length but neither side has leaked what happened on that phone call. the house republicans are not leaking, the white house just within the past hour said it's not going to tell reporters what was discussed, that's probably an encouraging sign that negotiations are taking place. last week we saw that they had a proposal and immediately house republicans leaked the white house proposal and then republicans went out of their way to say they were laughing at that proposal, now they're not leaking, that's probably a sign of some real deal making but nonetheless harry reid the senate democratic leader was on the floor within the past hour or so and he kept the pressure up on republicans. take a listen. >> the plan for the republicans to face reality, there's
. >> well we've heard from just about everybody in town except for speaker boehner. scott it feels like we're getting some deal making behind the scenes and i'll tell you why it feels that way. we were told that yesterday speaker boehner and president obama held a phone call, it was said to be about 20, 28 minutes in length but neither side has leaked what happened on that phone call. the house republicans are not leaking, the white house just within the past hour said it's not going to...
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Nov 29, 2012
11/12
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bain boehner is spinning his wheels. president obama could be pushing these guys all the way until the break. he reminded the country of the steaks stakes today. there was a sense of urgency in the president's message >>> if we get this part of it right, a lot of the other issues surrounding deficit reduction are going to be a whole lot easier. if we get this wrong, the economy is going to go south. we don't have a lot of time here. we have a few weeks to get this thing done. we could get it done tomorrow. optimistically, i don't think we are going to get it done tomorrow. >> the white house is using all social media resources to get the message out and put pressure on the republicans. >> today, i'm asking congress to listen to the people who sent us here to serve. i'm asking americans all across the country to make your voice heard. tell members of congress what a $2,000 tax hike would mean to you. call your members of congress, write them an e-mail, post it on their facebook walls. you can tweet it using the hash tag m
bain boehner is spinning his wheels. president obama could be pushing these guys all the way until the break. he reminded the country of the steaks stakes today. there was a sense of urgency in the president's message >>> if we get this part of it right, a lot of the other issues surrounding deficit reduction are going to be a whole lot easier. if we get this wrong, the economy is going to go south. we don't have a lot of time here. we have a few weeks to get this thing done. we could...
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Nov 28, 2012
11/12
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. >> some republicans are pushing boehner an other leaders to accept an extension of the middle class cuts to avoid the white house blaming them for crash over taxes on the rich. >> everybody is waiting for schedule to go up. unless we fix that paradoxically. president obama becomes defender of the bush tax cuts for 98% of the people. he is no such thing. >> the president is seething on the comments to say -- seizing on the comments to say he is optimistic about a deal. >> we could get it done tomorrow. >> budget expert erskine bowles said the opposite. >> i'm worried we have a possibility we could go off the cliff. that would be catastrophic. >> bowles said there is a two-third chance of us going over the cliff. though he said he still hopeful we can have both tax hikes and spending cuts to avoid that. the president said he is willing to have a framework for spending cuts. republicans think the word "framework" is squishy. >> bret: ed henry on the north lawn wearing the team uniform. thank you. republicans so far are sticking to the guns on the tax revenue increases and the spending
. >> some republicans are pushing boehner an other leaders to accept an extension of the middle class cuts to avoid the white house blaming them for crash over taxes on the rich. >> everybody is waiting for schedule to go up. unless we fix that paradoxically. president obama becomes defender of the bush tax cuts for 98% of the people. he is no such thing. >> the president is seething on the comments to say -- seizing on the comments to say he is optimistic about a deal....
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Dec 7, 2012
12/12
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FOXNEWSW
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in return boehner will demand something in return. that has got to be serious spending cuts and serious entitlement reform. so far the president has not given very much. although i will say when i talked to tim geithner, treasury secretary last week on "fox news sunday", he seemed to be inviting the republicans to do it, in effect saying look we'll not sit there did it ourselves. we can't make your demand for you. you should two demand it. of course there is some politics in that because it is a little difficult to say, yeah we want to raise retirement age for medicare or we want to cut or limit the social security cost of living adjustment. but i think the democrats will say, republicans you have to demand it but we'll give it to you if you demand it. martha: seems there are two levels of the political reaction to all of this. you've got the moment when a deal is reachesed, okay? you have what happens to the economy, six, seven, eight months down the road. if indeed you allow taxes to go up on all 100% and it starts to hit businesses
in return boehner will demand something in return. that has got to be serious spending cuts and serious entitlement reform. so far the president has not given very much. although i will say when i talked to tim geithner, treasury secretary last week on "fox news sunday", he seemed to be inviting the republicans to do it, in effect saying look we'll not sit there did it ourselves. we can't make your demand for you. you should two demand it. of course there is some politics in that...
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Dec 21, 2012
12/12
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only 19% trust john boehner. and in the wake of tonight's developments i would imagine those numbers would get a little worse for the speaker of the house. joining me tonight, former governor howard dean of vermont and cnbc political analyst. mr. dean, good to have you with us, governor. >> thanks, ed. >> give us in short order your commentary without question, what do you think has happened here this evening? >> well, the inside baseball of this is really a problem for the speaker. you can't -- this is something you can't do. you can't have your budget overridden, as governors know, and you can't have a major initiative like this go down when you think you have the votes and you don't. it would not entirely surprise me to see eric cantor or kevin mccarthy, who've been waiting in the wings, kind of gently stack the speaker in the back for a couple years, to make their move after the new session starts. the fiscal cliff, as you know, i believe the country would be better off if we went over the fiscal cliff. we wo
only 19% trust john boehner. and in the wake of tonight's developments i would imagine those numbers would get a little worse for the speaker of the house. joining me tonight, former governor howard dean of vermont and cnbc political analyst. mr. dean, good to have you with us, governor. >> thanks, ed. >> give us in short order your commentary without question, what do you think has happened here this evening? >> well, the inside baseball of this is really a problem for the...
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Dec 1, 2012
12/12
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and john boehner says we're at a stalemate. and president obama himself is kind of getting ugly about this enemy's list. we've seen this before from him. my proposal is, republicans have to come with a counter offer. right now. there's no point in blasting obama. just a counter offer. i want to read from today's newspaper. this is what mitch mcconnell said. "higher medicare premiums for the wealthy, an increase in the medicare eligibility age, and a slowing of costs of living increases for programs like social security. and then republicans would agree to include more tax revenue in the deal but not from higher tax rates." now, let's just look at this for a second. we'll go to you first, nan. he wants medicare eligibility, he wants medicaid reforms, he wants spending cuts. then he'll talk revenues. that seems reasonable to me. is he going to do it? will the republicans come back with their own counter offer? >> well, certainly larry those are elements of a long-term approach to our enormous debt. it's a crushing debt. it hams o
and john boehner says we're at a stalemate. and president obama himself is kind of getting ugly about this enemy's list. we've seen this before from him. my proposal is, republicans have to come with a counter offer. right now. there's no point in blasting obama. just a counter offer. i want to read from today's newspaper. this is what mitch mcconnell said. "higher medicare premiums for the wealthy, an increase in the medicare eligibility age, and a slowing of costs of living increases for...
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May 19, 2012
05/12
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boehner, mr. speaker, was like to see our credit rating drop so the president gets blamed for it. >> no, that's unfair, chris cover, he's not putting politics before our country. he does not want to see a decrease in the credit rating and they're going to raise the debt ceiling. what he's trying to do. washington d.c. is about compromise and he's starting early. to create compromise with-- >> ng a-- angela to your point. it's about compromise and laking everything work together in a bipartisan fashion, but in this hyper partisanship era, especially general election politics, is there any hope of meeting that demand of getting something solved about the debt? >> here is the daily, kelly. i hope that they get something, not because of boehner, might not even have a job. you have people who are tired of the partisan politics, and members of congress are supposed to do their job and they're not, they're fighting. >> kelly, it's going to get worse before it gets better and listen, the republicans proba
boehner, mr. speaker, was like to see our credit rating drop so the president gets blamed for it. >> no, that's unfair, chris cover, he's not putting politics before our country. he does not want to see a decrease in the credit rating and they're going to raise the debt ceiling. what he's trying to do. washington d.c. is about compromise and he's starting early. to create compromise with-- >> ng a-- angela to your point. it's about compromise and laking everything work together in a...
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May 17, 2012
05/12
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CSPAN3
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do you agree with speaker boehner's comments that any new debt reduction or any new debt ceiling talk has to be accompanied by debt reduction? spending cuts? >> i absolutely agree with that and i think we need have drawn the line. we need to hold it strongly that this country is watching as america spends money, spends money and we're going into deeper and deeper debt. we've got to draw a bright line. we look at greece and if we go through another term of barack obama and the kind of spending we've had with his proposed $1.33 trillion deficit, add that up year by year, our little granddaughter born a year and a half ago, share of the debt $44,000. today it's $51,000 if she become as taxpayer. she better. double that. only half the people have federal income tax liability. $102,000 per individual in america that is peii ipaying ta. we have to draw a bright line and do it now. >> i've been hearing a lot of republicans saying, and tell me if this is a theme that the republicans have come up with, which is everybody should participate by paying some tax, because, like you said, about 50%
do you agree with speaker boehner's comments that any new debt reduction or any new debt ceiling talk has to be accompanied by debt reduction? spending cuts? >> i absolutely agree with that and i think we need have drawn the line. we need to hold it strongly that this country is watching as america spends money, spends money and we're going into deeper and deeper debt. we've got to draw a bright line. we look at greece and if we go through another term of barack obama and the kind of...
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Nov 28, 2012
11/12
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speaker boehner has to go to his caucus and gather the votes. democrats have to suck it up in the democratic caucus and give up things they don't want to give up. that's where we are. jon: mary catherine, are you optimistic as peter seems to be that a deal is coming. >> maybe not as optimistic. but the entire left and unions and whole organized side is saying heck no, you will not touch this stuff. if he goes on the road and take the road show out it would be probably better to stick to negotiations. if he does the road show sell people on entitlement issue. he hasn't led on this "the washington post" said in editorial he said he would deal with the issue and never tackled it. he might try to lead now. jon: mary katharine ham and peter mirijanian, thank you both. jenna: fox news alert. senator susan collins of maine stepping to the podium minutes ago following her meeting on capitol hill with ambassador susan rice. a top republican on the senate homeland security and governmental affairs committee. let's take a listen. >> i still have many quest
speaker boehner has to go to his caucus and gather the votes. democrats have to suck it up in the democratic caucus and give up things they don't want to give up. that's where we are. jon: mary catherine, are you optimistic as peter seems to be that a deal is coming. >> maybe not as optimistic. but the entire left and unions and whole organized side is saying heck no, you will not touch this stuff. if he goes on the road and take the road show out it would be probably better to stick to...
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Dec 18, 2012
12/12
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stead of another counteroffer from boehner, we may walk away and do a tax only deal. so i think that's part of the focus in these last couple hours here, is the administration trying to keep this thing on track and arguing why this tax-only deal is no good. >> the pace of the negotiation, steve, seems to have sped up. now everything is coming fast and furious. one side comes out with their offer, the other side not even an hour later comes back with their counter. >> when you compare the progress with the last four, five days with the last couple of months, it's sped up. i know i'm working a lot harder. >> i know you are, steve. thank you very much. >>> oracle is up 28%. stock is higher today. is there more upside to come. steve weiss is bullish on the stock. boys, let's debate it. >> this is a very simple story to me. it's selling at a 20% discount to its historic multiple. it's selling 11 times earnings, forward earning, and you've got a company that is growing 20% on the upside, maybe 18% low side. everybody knows licensed growth has slowed recently. everybody know
stead of another counteroffer from boehner, we may walk away and do a tax only deal. so i think that's part of the focus in these last couple hours here, is the administration trying to keep this thing on track and arguing why this tax-only deal is no good. >> the pace of the negotiation, steve, seems to have sped up. now everything is coming fast and furious. one side comes out with their offer, the other side not even an hour later comes back with their counter. >> when you...
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Dec 19, 2012
12/12
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CNBC
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boehner was at zero, now at a million. we can find a compromise somewhere in between. >> tell the people they've got to start complaining about that a little bit more. both sides need to be complaining a lot. right now, i'm hearing more complaining from boehner's side and makes me think you're putting one over on him. we need more complaining and get together and they have to really be complaining for us to think the deal is going to come together. can you do that? >> look, i've been very critical of the positions up to now on $250,000. >> i know. you're in new york, congressman, you know. >> i get complaints but we need compromise. we're ready to compromise, the president has shown compromise. we need somebody to compromise with and something to compromise over. >> i want to emphasize something i said earlier, we are within spitting distance of a transaction. it might not be $4 trillion but it's pretty close depending what numbers you add up. what we should be doing, i'm part of the fix the debt group in addition to folks
boehner was at zero, now at a million. we can find a compromise somewhere in between. >> tell the people they've got to start complaining about that a little bit more. both sides need to be complaining a lot. right now, i'm hearing more complaining from boehner's side and makes me think you're putting one over on him. we need more complaining and get together and they have to really be complaining for us to think the deal is going to come together. can you do that? >> look, i've...
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Dec 11, 2012
12/12
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boehner would have merlot and the president would be chewing nicorette gum. and they had ice tea for the president. and boehner would have his cigarette. they put the cigarette away for the picture. they haven't closed the deal only the personal relations. that's a shame. somebody, instead of sponsoring your breakfast and all, you should sponsor a weekly dinner between obama and boehner and everyone would agree to pay for it and let them just talk and get to know each other and -- it's -- oh, john. that's right. what do you think? >> i think that's a great idea. would bank of america pay for it? [laughter] a special room. you mow, but i think personal relationships. when john was the f.b.i. spokesman, he was often not helpful, but you could always talk to him and get him on the phone. if you had a good story, he would confirm it by laughing. a deep laugh meant you were on the right track. no laughter meant no. >> now, it looks like the tide is very much going against republicans. do you agree with that? >> well, no. i think in the short political terms, yes.
boehner would have merlot and the president would be chewing nicorette gum. and they had ice tea for the president. and boehner would have his cigarette. they put the cigarette away for the picture. they haven't closed the deal only the personal relations. that's a shame. somebody, instead of sponsoring your breakfast and all, you should sponsor a weekly dinner between obama and boehner and everyone would agree to pay for it and let them just talk and get to know each other and -- it's -- oh,...
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Nov 27, 2012
11/12
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the fact is the two most important people are the president and speaker boehner. both of them in the beginning of this have shown a degree of flexibility. what we need to do, people like myself offer concrete solutions to solve this problem. when they get in their meeting they need to have these at their disposal and we as a country again need to go ahead and deal with this issue now. i know that senator durbin actually has shown some strength for what it's worth, i don't know what he will do today in his press conference but he has been more, he has been more than willing to look at medicare reform. bill: one more question. why do you want to go after revenue at all? you're $16.2 trillion in the hole? i mean your entire life any money washington gotten it has spent? >> yeah, i think all throughout this campaign republicans talked about pro-growth tax reform. what i have laid out is just that, and what it does it keeps rates from going up. so bill, all those companies and our country file tax forms under sub-s&l lcs, they will no per my legislation tax rates will
the fact is the two most important people are the president and speaker boehner. both of them in the beginning of this have shown a degree of flexibility. what we need to do, people like myself offer concrete solutions to solve this problem. when they get in their meeting they need to have these at their disposal and we as a country again need to go ahead and deal with this issue now. i know that senator durbin actually has shown some strength for what it's worth, i don't know what he will do...
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Nov 20, 2012
11/12
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KNTV
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we also reported that john boehner gave a speech to congress, but it wasn't john boehner. it was just a pair of goggles. and they didn't give a speech. someone just put them on. again, that was an error on our part. and finally, two weeks ago, we reported that mitt romney won the presidential election. it wasn't mitt romney. it was someone else. we apologize. those are tonight's retractions. moving on to other news -- oh, folks, this is big. [ laughter ] [ cheers and applause ] and finally, hillary clinton is stepping down from her position as secretary of state. while we don't know how this will affect her potential 2016 presidential bid, we do know that this is what she would look like if her face were turned upside down. >> i think the president has done an excellent job under the most difficult circumstances. [ laughs ] ♪ >> jimmy: that was night news now. stick around, we'll be right back with zooey deschanel. [ cheers and applause ] ♪ woooah, what do you got there? berry pomegranate mio. berry pomegranate what? berry pomegranate mio. do i just squirt a little? or
we also reported that john boehner gave a speech to congress, but it wasn't john boehner. it was just a pair of goggles. and they didn't give a speech. someone just put them on. again, that was an error on our part. and finally, two weeks ago, we reported that mitt romney won the presidential election. it wasn't mitt romney. it was someone else. we apologize. those are tonight's retractions. moving on to other news -- oh, folks, this is big. [ laughter ] [ cheers and applause ] and finally,...
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Nov 8, 2012
11/12
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boehner is going to do. later on in the show, california's prop 30 passes to raise taxes on the wealthy. really? do they never learn that this will only backfire? former san francisco mayor willie brown is up next. i just want to know why we have to kill the california economy. because free market capitalism is always the best path to prosperity. i'm larry kudlow. we'll be right back. i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishar
boehner is going to do. later on in the show, california's prop 30 passes to raise taxes on the wealthy. really? do they never learn that this will only backfire? former san francisco mayor willie brown is up next. i just want to know why we have to kill the california economy. because free market capitalism is always the best path to prosperity. i'm larry kudlow. we'll be right back. i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a...
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Nov 30, 2012
11/12
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FBC
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speaker boehner. he looks like he's about had. >> yes, he came out of the white house meeting today and use the word were disappointed, which is very diplomatic for what happened. there is no mystery about barack obama. this is the man we have come to know for the last four years. he has no intention of compromising. no intention of cutting spending. he has never shown any indication of that. he has every intention of raising the rate and will not compromise. lou: steve murphy is shaking his head. why are you shaking your head? >> because the president thought he had a deal last year with the house of representatives. the president is willing to do this with mostly spending cuts. lou: is often about the negotiations for anyone to do that. [talking over each other] [talking over each other] lou: if you want, watch the markets tonight. lou: watch the markets in europe and asia with the rhetoric today from washington dc and you tell me how sanguine you are about a deadline around christmas. the markets,
speaker boehner. he looks like he's about had. >> yes, he came out of the white house meeting today and use the word were disappointed, which is very diplomatic for what happened. there is no mystery about barack obama. this is the man we have come to know for the last four years. he has no intention of compromising. no intention of cutting spending. he has never shown any indication of that. he has every intention of raising the rate and will not compromise. lou: steve murphy is shaking...
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Dec 2, 2012
12/12
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the chicken question is john boehner having to blink. president was able to get $1.6 trillion because it's coming from the increase on wealthy americans. we don't want 98% of americans tax rates to go up in the name of saving tax rates for the wealthy. so that is going to increase on wealthy americans, 60% of americans overwhelmingly support. the president won this election fair and square. american voters are clear on the mandate and support an increase in tax rates to balance this budget. >> that is not true. for the bush tax cuts to expire and top 2 percent even most generous estimate that is $90 billion more in revenue. not $1.6 trillion more in revenue even over ten years. even if you accept that larger number, the deficit is $1.5 trillion so, even if the republicans raise the you are giving $90 billion. where are you going to get the rest of it? it will have to come from entitlement reform and meaning spending cuts. >> it's coming from loopholes. i think we can. >> he criticized governor romney's plan based on the premise there is
the chicken question is john boehner having to blink. president was able to get $1.6 trillion because it's coming from the increase on wealthy americans. we don't want 98% of americans tax rates to go up in the name of saving tax rates for the wealthy. so that is going to increase on wealthy americans, 60% of americans overwhelmingly support. the president won this election fair and square. american voters are clear on the mandate and support an increase in tax rates to balance this budget....
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Dec 12, 2012
12/12
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and boehner. boehner is having trouble finding help from his leadership as to what to do. the american people are suffering. sorry, claire mccaskill said. leader has to make a decision on whether to say the speakership. >> how about the president's fiscal cliff plan, the white house plan? is he planning on putting it up for adoption question mark -- adoption? >> i'm sorry? >> will be put up for a vote? the white house's plan? >> i have no idea what you are talking about. >> the debt limit and -- >> what else? >>1.6 trillion was the total. >> leader mcconnell offered to the floor at the senate -- will you be doing that? >> they have to be careful -- i have to be careful. >> [inaudible] >> our coverage of the fiscal negotiations will continue in a minute. over the past few months, you can buy fiscal cliff talks by going to c-span.org and clicking on the link. -- you can read more about the fiscal cliff talks by going to c-span.org and clicking on the link. we will year from representative john larson on the fiscal cliff negotiations. after that, we will hear from stephen ohl
and boehner. boehner is having trouble finding help from his leadership as to what to do. the american people are suffering. sorry, claire mccaskill said. leader has to make a decision on whether to say the speakership. >> how about the president's fiscal cliff plan, the white house plan? is he planning on putting it up for adoption question mark -- adoption? >> i'm sorry? >> will be put up for a vote? the white house's plan? >> i have no idea what you are talking about....
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Nov 29, 2012
11/12
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speaker boehner is saying that there is a lack of recognition in his opinion by the white house about how serious the spending problem that we do have in this country. he wants the spending cuts on the table. charles payne is with us from the fox business network. he is ceo of w street.com. not specific about what spending cuts and where they would come from, charles. in an ideal world where would we cut spending? >> in ideal world you cut spending and sacred cows. it would have to be medicare, social security and medicaid and it would have to be series of reforms made. now listen, we've seen this has gone on for a long time, jenna. the notion that perhaps we would do dramatic tax increases now with the promise of spending cuts 10 to 20 years down road, i'm sure that was the first salvo but republicans certainly drawn a line there. because that never materialized. the general public knows this. i think the stock market knows that. also i think i'm a little concerned about this framework because essentially what they're talking about is kicking the can down the road yet another year. m
speaker boehner is saying that there is a lack of recognition in his opinion by the white house about how serious the spending problem that we do have in this country. he wants the spending cuts on the table. charles payne is with us from the fox business network. he is ceo of w street.com. not specific about what spending cuts and where they would come from, charles. in an ideal world where would we cut spending? >> in ideal world you cut spending and sacred cows. it would have to be...
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Dec 18, 2012
12/12
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boehner comes and complicates the fiscal cliff. >> it doesn't matter what boehner says anymore. we're going to get a deal whether he wants it or not. that's what the stock market believes. we have a deal, we don't have a deal, it doesn't matter. we have a deal. you get the point? there's a little bit -- we're in a seasonal period here for what is going on here. so even with no deal, we see a deal. it doesn't matter here. but remember something, the seasonality factor, let's get in pay mode. this is when we make good money. december, january, those who actively trade the stocks here, most profitable period, you add to the winners. all right. so there's a little froth here. there's a lot of talk about what you do after the fiscal cliff that really matters. look at the dow industrial. even as carl said, congressman boehner, the speaker of the house, complicating things, they don't care. it's that time of year where i'm starting to look at the full year. here's the fiscal cliff in the last few months. we're up 14% for the s&p. that's above an average for here, for sure. we have sect
boehner comes and complicates the fiscal cliff. >> it doesn't matter what boehner says anymore. we're going to get a deal whether he wants it or not. that's what the stock market believes. we have a deal, we don't have a deal, it doesn't matter. we have a deal. you get the point? there's a little bit -- we're in a seasonal period here for what is going on here. so even with no deal, we see a deal. it doesn't matter here. but remember something, the seasonality factor, let's get in pay...
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May 4, 2012
05/12
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that's tuesday with john boehner. breaking news right now with steve liesman about aig. >> aig now announcing -- sorry, the treasury announcing that it will do shares on that company. aig is committed to take $2 billion of this offering and the total size will be determined by the pricing, the treasury says. it's being handled by merrill lynch, credit group, goldman, a whole group of wall street banks are talking about it. there was talk of a $29 a share offering around $6 billion. remember, treasury owns about 50 to $60 billion of this stock. it is a piece of it. and i guess mr. benmarche told you that yesterday. >> when is government going to sell all of the stock and get you out of government control? he said we're going to be there to buy that stock and now we learn that they are announcing this big deal. steve, thank you for that breaking story. i think we still have doug with us. are you with snus. >> i am. >> great. what's your take on what is going on here? this big offering about buying stock back from treasu
that's tuesday with john boehner. breaking news right now with steve liesman about aig. >> aig now announcing -- sorry, the treasury announcing that it will do shares on that company. aig is committed to take $2 billion of this offering and the total size will be determined by the pricing, the treasury says. it's being handled by merrill lynch, credit group, goldman, a whole group of wall street banks are talking about it. there was talk of a $29 a share offering around $6 billion....
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Dec 13, 2012
12/12
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liz: breaking news, president meeting with boehner, 5 p.m. easternment don't move, here comes the closing bell, six minutes away, and we'll be right back to take you there. blrchg players in history to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doi and being ready, no matter what happens, which isn't rocket science. it's ju common sense, from td ameritrade. liz: not a whale breaching out of the water, but the markets came back a bit on news that the president is meeting with speaker of the house, john boehner, david, at 5 p.m. eastern. the markets came back a little bit. david: see what they have to say. of course; they have been negative talking by themselves, w
liz: breaking news, president meeting with boehner, 5 p.m. easternment don't move, here comes the closing bell, six minutes away, and we'll be right back to take you there. blrchg players in history to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he...
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Dec 6, 2012
12/12
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. >> that's about right. >> 65 is where boehner checks in. we were talking about boehner in the last segment. what lawrence is saying is true. it's not boehner's fault he's a weak speaker, but he is an incredibly weak speaker. there's that thing in the times saying maybe they're coming around. i don't think they're coming around at all. the problem is the republican party is driven by this sort of conservative movement more now than ever before in the last couple of years. boehner is a little more old school in that. he came to congress in 1990. he was sort of a reformer and teamed up with democrats, he was more pragmatic and climbed into the leadership and fell out and climbed back in. he was next in line for the leadership when the tea party thing happen. the story of his speakership is the tea party conservatives are waiting for the minute he sells them out. he hasn't sold them out yet. >> it's like the tail wagging the dog. >> he doesn't exercise any p power. this is a test this month. he's waiting this out and looking to have enough cred
. >> that's about right. >> 65 is where boehner checks in. we were talking about boehner in the last segment. what lawrence is saying is true. it's not boehner's fault he's a weak speaker, but he is an incredibly weak speaker. there's that thing in the times saying maybe they're coming around. i don't think they're coming around at all. the problem is the republican party is driven by this sort of conservative movement more now than ever before in the last couple of years. boehner...
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Dec 21, 2012
12/12
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how does boehner come out of this? what kind of a deal can he put is not >> the statement we heard from the congressman calling his own people chuckleheads, shows that the president won. i argued a month ago this was never from the president perspective, never about fiscal issues. economic issues. he wants four years for his own agenda to enact. what to do? destroy them and fracture them, which he has done. this is clever tactically. insisting that the one thing that they had to agree to was increase in tax rates. if hoving only interested in fiscally balancing the budget he would have said i don't care how you get the money. but he insisted on rates not because there is an economic issue but a wi to have the house divided. call each other chuckleheads and a speaker who not deposed extremely weakened. this sets him up to have his way over republicans who are in a civil war in the house. >> boehner runs for re-election on third of january, too. stay right there. hold the thought. lightning round up next. friday night. w
how does boehner come out of this? what kind of a deal can he put is not >> the statement we heard from the congressman calling his own people chuckleheads, shows that the president won. i argued a month ago this was never from the president perspective, never about fiscal issues. economic issues. he wants four years for his own agenda to enact. what to do? destroy them and fracture them, which he has done. this is clever tactically. insisting that the one thing that they had to agree to...
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Jun 29, 2012
06/12
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that's what boehner was talking about. these similarities may make it too difficult for mitt romney to make the president's health care plan an issue. >> pelley: john, does the court's ruling help or hurt the president? >> reporter: the president's advisers say he was very happy with the ruling, but it's mostly because he dodged what could have been a disaster, the upending of his signature legislative achievement. but the affordable care act is still unpopular, which is why president obama seems so anxious to move on in his remarks after the decision yesterday. he doesn't want to get stuck fighting a battle he's been losing, and the president's aides also believe the voters care about other issues. in a recent poll, jobs was number one. >> pelley: john, thank you very much. wall street had its second-best day of the year today. the dow soared 277 points, more than 2%. halfway through the year, the dow is up 5.4%. the market rallied today after europe agreed to a plan to bail out its troubled banks. but is europe out of da
that's what boehner was talking about. these similarities may make it too difficult for mitt romney to make the president's health care plan an issue. >> pelley: john, does the court's ruling help or hurt the president? >> reporter: the president's advisers say he was very happy with the ruling, but it's mostly because he dodged what could have been a disaster, the upending of his signature legislative achievement. but the affordable care act is still unpopular, which is why...
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Dec 4, 2012
12/12
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the boehner plan does that. >> if the boehner plan doesn't specific where his taxes come from. it says unnamed tax loopholes. >> before -- they moved and said listen we're willing to do $8 hurricane katrina billion in deductions not just for scoring. that's a huge concession. where is the president's concession. >> let me ask doug. that's a great point. i don't see the president -- in fact president has become harder line. he was somewhat -- he was somewhat accommodating right after the re-election. he's become harder line. i agree with that point. doug, you know the numbers. once again, i ask you, does boehner's idea of capping upper end deductions work to raise revenues, heaven forbid without damaging the middle class? does it work? >> yes, absolutely it works, and, you know, it's important to recognize we have two different problems. problem number one is the fiscal cliff and threat of recession. raising any more taxes doesn't make any sense. this is politics trumping economic sense. second problem is fixing the debt and there's this debate about how much revenue, how much s
the boehner plan does that. >> if the boehner plan doesn't specific where his taxes come from. it says unnamed tax loopholes. >> before -- they moved and said listen we're willing to do $8 hurricane katrina billion in deductions not just for scoring. that's a huge concession. where is the president's concession. >> let me ask doug. that's a great point. i don't see the president -- in fact president has become harder line. he was somewhat -- he was somewhat accommodating right...
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Dec 13, 2012
12/12
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boehner coming up. let me tell you why. if you watched that -- and i know close to 1 billion people watched -- i couldn't help but think during the entire thing robin hood foundation, obviously if you know who robin hood foundation is, you know it's many of the major hedge funds, major players in the financial services. one of the greatest takeaways that i had walking out of that building, obviously the great entertainment was the following. when it was in the time of immediate need, it wasn't the government agencies. it wasn't fema. it wasn't the tax dollars going to the government to help people. it was the charities like robin hood that was immediately there. you saw it with the sanitation. you saw it with the first responders. and let me tell you what i thought about last night. i am sick and tired -- sick and tired of people like nancy pelosi and harry reid sitting here attacking the wealthy for more taxes. bring it on, they'll say. bring it on. but these are the most charitable people in the world. i'm not going to na
boehner coming up. let me tell you why. if you watched that -- and i know close to 1 billion people watched -- i couldn't help but think during the entire thing robin hood foundation, obviously if you know who robin hood foundation is, you know it's many of the major hedge funds, major players in the financial services. one of the greatest takeaways that i had walking out of that building, obviously the great entertainment was the following. when it was in the time of immediate need, it wasn't...
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Dec 21, 2012
12/12
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speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earliest that they would be expected to get back to work on this. melissa? melissa: peter, who's left? sounds like it is a ghost town there. sounds basically two guys that are still left working. >> yeah, i don't know if they will be here very much longer. but listen, realistically, it's the holiday season. a lot of members, the president, they all made plans, and after last night with speaker boehner, pulling his plan b, it doesn't look like, there are no signs of any negotiations or any plans for any negotiations. it looks like everyone just wants to go, be with their families and spend the holiday time together before they try to hammer out a last minute deal on all of this. melissa: yeah, no kidding. of course everybody wants to go home for the holidays but what you haven't done your work you haven't done your work. oh, well. what do we expect to hear from the president now? sort of thro
speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earliest that they would be expected to get back to work on this. melissa? melissa: peter, who's left? sounds like it is a ghost town there. sounds basically two guys that are still left working. >> yeah, i don't know if they will be here very much longer. but listen, realistically, it's the holiday season. a lot of members, the...
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Dec 28, 2012
12/12
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speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs f
speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned...
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Nov 7, 2012
11/12
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governor red rendell, we have john boehner and harry- reid and president barack obama and a status quo election in that sense but do you think the president will have more success to work together in the next administration? >> well i thiha there are here. number one, the fact that that's a crisis. cliff is a skri sis. debt situation overall is a crisis and creates a environment of a real opportunity to get something done. most big changes, most big changes occur when there is crisisnt is free have to worry about offending the base and saying he's for significant entitlement reform. he can lead and come to the middle saying to mitch mccnell and john boehner, look i'm for significant entitlement reform and revenues with it. let's go. if he needs and public with a plan, and the republicans torpedo that plan refusing to raise revenue, i think they're going to face political extinction in the next election the problems taken care of. governor? i'm sorry. i have to interrupt >> my congratulations to president obama and the first lady and the
governor red rendell, we have john boehner and harry- reid and president barack obama and a status quo election in that sense but do you think the president will have more success to work together in the next administration? >> well i thiha there are here. number one, the fact that that's a crisis. cliff is a skri sis. debt situation overall is a crisis and creates a environment of a real opportunity to get something done. most big changes, most big changes occur when there is crisisnt is...
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Dec 13, 2012
12/12
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>> president obama and representative boehner have announced and boehner's office confirmed they will meet at the white house today at 5:00 p.m. eastern right after -- right after the closing bell, bill. >> right after. >> the point is the house has said they are going away for a long weekend tomorrow, and here we have boehner -- >> wait, don't go yet. >> getting this meeting in at 5:00 p.m., and it's amazing the market came halfway back just on that announcement. not that we have details of a deal, not that we know that we're having an agreement. just the fact that they are meeting. >> actually i thought they would come off the loews much more. >> you did. >> cut it in half, but it stalled here. >> we need more detail. it is encouraging. >> yeah. >> that they are talking. i mean, as long as you've got them in the same room. now, you know, john boehner has said he's leaving tomorrow, come hell or high water. he's going back home to get red for christmas. he says, you know, there is a telephone. >> not leaving for a long weekend. >> you can negotiate over the telephone? >> can't do it.
>> president obama and representative boehner have announced and boehner's office confirmed they will meet at the white house today at 5:00 p.m. eastern right after -- right after the closing bell, bill. >> right after. >> the point is the house has said they are going away for a long weekend tomorrow, and here we have boehner -- >> wait, don't go yet. >> getting this meeting in at 5:00 p.m., and it's amazing the market came halfway back just on that announcement....
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Dec 24, 2012
12/12
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speaker boehner, tony, couldn't even bring his plan up for a vote. i mean it was pretty embarrassing. has he lost control of his own party and failed in his job as leader in the house? >> well, look, speaker boehner has a very hard task and he has already tried ernestly you say a lot of things about him but can't say he hasn't tried to bring two ideas in the forefront. one that works within the bowles-simpson, bipartisan debt commission's framework of tax revenue being part of it but the majority of reform coming from spending cuts. he had the plan b which i think fairly raises threshold. gregg: that was easy for republicans to pass and he couldn't even get votes to put it on the floor. >> without a doubt, gregg, that was a failure of leadership but i think plan b should have been plan a. we knew rate hikes were going to happen regardless. we didn't want them but they are going to happen. at least raise the threshold and pivot the conversation back to spending. to marjorie's point, look, democrats have their own up issues internally. nancy pelosi lea
speaker boehner, tony, couldn't even bring his plan up for a vote. i mean it was pretty embarrassing. has he lost control of his own party and failed in his job as leader in the house? >> well, look, speaker boehner has a very hard task and he has already tried ernestly you say a lot of things about him but can't say he hasn't tried to bring two ideas in the forefront. one that works within the bowles-simpson, bipartisan debt commission's framework of tax revenue being part of it but the...
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Dec 20, 2012
12/12
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speaker bane e ee eer boehner g with his vote for plan b. ed, the clock is not working in our favor at this point. >> it isn't. you have kind of the time that's been taken up on plan b, then, you have senator inouye's funeral over the weekend. you get christmas on tuesday and then you are looking at the senate rules that oftentimes to prevent a filibuster, you need to have a bill sit around for 72 hours before it gets voted on. i think the key there, though, is whether or not if we get a deal before that 72-hour clock starts and that puts us over to the new year, people will be a lot more sanguine than if there is no deal and that 72-hour clock hasn't started. >> what is the importance of plan b? i ask you that because there are all indications that it would not fly in the senate, president obama would strike it down. so, is the real importance of this whether or not the speaker will be re-elected to a speakership in january? >> you know, i think that's a great question. i think that a lot of people look at his speakership and thinks he need
speaker bane e ee eer boehner g with his vote for plan b. ed, the clock is not working in our favor at this point. >> it isn't. you have kind of the time that's been taken up on plan b, then, you have senator inouye's funeral over the weekend. you get christmas on tuesday and then you are looking at the senate rules that oftentimes to prevent a filibuster, you need to have a bill sit around for 72 hours before it gets voted on. i think the key there, though, is whether or not if we get a...
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Nov 28, 2012
11/12
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and boehner was able to persuade them, don't touch it. and so it was democrat own corrupt mess that didn't work. at 20 republicans, can i get something from a district just a little thing and i vote for? then it would've been a bipartisan mess in 2010 and never happened. i think boehner and mitch mcconnell understand as you go into 2014, 2016 and the rest of the republic's life, if the republican party is apart from obama's -- it succeeds. if you hug him and join and do bad things, that's unlikely to work. >> is there a loophole in the pledge? if we go off the cliff at the end of the or, if all the bush tax cuts expire, if everybody's taxes go up and then republicans vote to eliminate taxes on everyone, or to reinstate the bush tax cuts for everyone except for the various -- they're all voting for a tax cut, right? >> here's the challenge, and this has been what harry reid doesn't get to the pledges not to make. the pledges to the people of the state and the american people. so if your congressman percentage can go back and say 20 differe
and boehner was able to persuade them, don't touch it. and so it was democrat own corrupt mess that didn't work. at 20 republicans, can i get something from a district just a little thing and i vote for? then it would've been a bipartisan mess in 2010 and never happened. i think boehner and mitch mcconnell understand as you go into 2014, 2016 and the rest of the republic's life, if the republican party is apart from obama's -- it succeeds. if you hug him and join and do bad things, that's...
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Dec 18, 2012
12/12
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. >> rejection of how john boehner's plan "b" thatty had came out with today. the major averages are all trading around two-month highs today because it seems like progress is still being made on some kind of a deal. here's where we stand right now. the dow up 98 points, was up 125 at the high, and then the white house rejected and some comments by senate majority leader harry reid on that so-called plan "b" proposal from john boehner, sort of took some of the wind out of the sails. nasdaq still up 1.25%, a 3348 and the s&p 500 index is up 12-plus points right now at 1443. >> while the dow on pace for the first back-to-back triple-digit gains in nearly five months. can we hold on for the final hour? >> let's talk about that in our closing bell exchange. carol roth, the author of "entrepreneurial equation" is with us. from chicago, keith springer from springer financial adviser and john carpina is on the floor with us, and rick santelli, of course, is in chicago as well. carol, you've been skeptical about this market, but you, if i read you correctly, any rally
. >> rejection of how john boehner's plan "b" thatty had came out with today. the major averages are all trading around two-month highs today because it seems like progress is still being made on some kind of a deal. here's where we stand right now. the dow up 98 points, was up 125 at the high, and then the white house rejected and some comments by senate majority leader harry reid on that so-called plan "b" proposal from john boehner, sort of took some of the wind out...
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Dec 27, 2012
12/12
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>> he already has this covered, to boehner's great credit. he brought paul ryan in, eric cantor in, mccarthy in who might be the one -- >> the guy from california. >> yeah. and he brought them all in on this plan "b" and all on the negotiations. so he's covered there. he needs mcconnell. if he can get mcconnell and a couple senate republicans, then -- >> what about the body of 40 or so tea partiers who are holdouts. how does he reach them? the ones necessary for any kind of majority? >> he doesn't necessarily need them. if he can get senate republicans, then -- >> is that his game right now to go around his hard core right? >> it is. because then the hard core right isn't just blaming john boehner for all the troubles of the world. they're also -- >> can he allow the house of representatives to work its will with the minority of republicans? >> yes, he can. >> glen, is this your view? if we get a sol lux next week it's probably because a speaker allows a minority of republicans, maybe less than 100, to agree with some 120 democrats and out of
>> he already has this covered, to boehner's great credit. he brought paul ryan in, eric cantor in, mccarthy in who might be the one -- >> the guy from california. >> yeah. and he brought them all in on this plan "b" and all on the negotiations. so he's covered there. he needs mcconnell. if he can get mcconnell and a couple senate republicans, then -- >> what about the body of 40 or so tea partiers who are holdouts. how does he reach them? the ones necessary...
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Dec 24, 2012
12/12
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the president and john boehner have not had any phone contact since friday. their staffs are still communicating but still really very little progress, jaime. >> reporter: thank you so much,ed appreciate the report at that early hour there in hawaii. merry christmas. >> reporter: meanwhile some senators are suggesting the only option now to avoid a fiscal cliff is a scaled-back deal to stop tax increases for most americans. we just hear heard heard ed elude to that. we are joined my jaime. what happens if the president and congress fail to reach an agreement on averting this so-called fiscal cliff? >> well, we go over it. you know, maybe the analogy of fiscal cliff that everyone is using might not be perfect because that doesn't end everything. there will be negotiations afterwards. in fact republicans who think that we are going overlook to the debt ceiling hike that will have to happen some time in the beginning of next year, perhaps at the end of january, or early february, at the point where negotiations will really pick up again, because they'll have som
the president and john boehner have not had any phone contact since friday. their staffs are still communicating but still really very little progress, jaime. >> reporter: thank you so much,ed appreciate the report at that early hour there in hawaii. merry christmas. >> reporter: meanwhile some senators are suggesting the only option now to avoid a fiscal cliff is a scaled-back deal to stop tax increases for most americans. we just hear heard heard ed elude to that. we are joined my...
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Jun 12, 2012
06/12
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the headaches for john boehner -- mitch mcconnell has been very cold-blooded in his strategy in a way the john boehner has not -- it was in the house for more than the freshman tea party members, the members of the republican study committee including longtime veterans like jim jordan of ohio and mike: pants and a number of others who posed a much deeper challenge. it's part of the problem was there is a natural tendency when you have this movement emerging and people who are energized to write to that tiger and exploited as much as you can. once you have taken them past the finish line, you can call up to them. you can change the animal metaphor. if you cultivate a hungry rottweiler and it scares everybody in the neighborhood, that can be fabulous until you have to go outside. then it may not recognize to the master really is. it has been frustrating for john boehner who is a legislator and problem solver that he cannot control his troops. that is a part of what is going on here. what is also true is that the tea party people coming in as freshmen viewed themselves as different from
the headaches for john boehner -- mitch mcconnell has been very cold-blooded in his strategy in a way the john boehner has not -- it was in the house for more than the freshman tea party members, the members of the republican study committee including longtime veterans like jim jordan of ohio and mike: pants and a number of others who posed a much deeper challenge. it's part of the problem was there is a natural tendency when you have this movement emerging and people who are energized to write...
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Dec 23, 2012
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i do commend speaker boehner for allowing the house to work its will and to work by regular order. we have sent all of the bills that the senate needs to address this. the first one went over on may 10th which was reconciliation. august 1st was our tax extenders. the third was on our sequester. and then you finished in september with a path for tax reform. they are all on harry reid's desk. he can pick up whatever he wants. now for the president to think that just taking a break from the discussions will solve the issue, i don't understand what he thinks is going to come from that. we have had our bills over there. we even passed a budget. and we are going on four years with the senate not even passing a budget. inaction has been the choice of the senate leadership. choices have consequences. and their consequences that the american people are facing this fiscal cliff it is going to happen on january 1st and 2nd, and it is happening because they have not done their job. the president should be speaking to harry reid in the senate saying come on now, get busy on this. take up one of
i do commend speaker boehner for allowing the house to work its will and to work by regular order. we have sent all of the bills that the senate needs to address this. the first one went over on may 10th which was reconciliation. august 1st was our tax extenders. the third was on our sequester. and then you finished in september with a path for tax reform. they are all on harry reid's desk. he can pick up whatever he wants. now for the president to think that just taking a break from the...